C&G Environmental Protection Holdings Limited

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11 years 1 month ago #17004 by Bestworld
The Board of Directors (the “Board”) of C&G Environmental Protection Holdings Limited (the “Company” and together with its subsidiaries, the “Group”) wishes to announce that the Company had, on 22 October 2013, entered into a letter of intent (“LOI”) with a potential purchaser (the “Purchaser”), a company listed on a stock exchange in the People’s Republic of China (“PRC”), to facilitate the negotiation and finalisation of a definitive sale and purchase agreement (“SPA”) in respect of a proposed sale of the Group’s waste-to-energy business and assets (including concession rights) and the principal operating subsidiaries of the Company in the PRC (“PRC WTE Business and Assets”) to the Purchaser (the “Proposed Sale”). ....... How much their asset worth???

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11 years 1 month ago #17013 by zane

sana wrote: Is their recycling business on strong footing now?

This business should just be delisted/privatised as there is no market interest in it.



--Haha.... as I said.....

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11 years 1 month ago #17015 by Bestworld
Net asset value HK181c......plus the few new big projects.... May worth a lot more than current share price.....

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11 years 1 month ago #17016 by zane
Max for the stock price is 20 sgd cents. There is no certainty of a deal, right?

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11 years 1 month ago #17021 by Bestworld
20c just the first resistant........

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11 years 1 month ago #17032 by Bestworld
More than 90% held by top 20 shareholders. Only about 10% held by the rest..... Free float really low for this hidden gem!!!

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